Monthly Archives: May 2017

COSCO (Dalian) Shipyard Co has delivered an bulk carrier, “FLAG LAMA”, to its European buyer, the company said in its press release. The delivery documents were signed by and between COSCO Dalian and the buyer recently. The bulk carrier measures 229 meters in LOA (length  of all)…

Cosco (Qidong) Shipyard Co, a subsidiary of Cosco Corp's 51 per cent subsidiary Cosco Shipyard Group Co, has entered into an agreement with a European buyer for the construction of the floating storage regasification unit (FSRU) module. Cosco Corp did ...

The Board of Directors of Marco Polo Marine informed that PT Marcopolo Shipyard (PTMS), has filed an application to place itself under a Penundaan Kewajiban Pembayaran Utang (PKPU) suspension of debt payment plan in accordance with Law on Bankruptcy an...

Dubai-based shipping company Gulf Navigation Holding  has reported a 39% growth in net profit at the end of the first quarter of 2017 compared to the same period in 2016. The result came at a stage while the company is witnessing a significant improvement in its performance…

In the middle an intense training and systems check period, HMAS Darwin slipped into the Brisbane River and berthed across from Navy’s home in southern Queensland, HMAS Moreton. The frigate’s arrival in Brisbane coincided with the first anniversary since the local base was re-commissioned.

Martek Marine announced the official appointment of highly-acclaimed aviation expert Paul Forster as their Head of UAV Operations. Paul brings over 30 years’ unparalleled aviation experience to Martek, in both high-profile operational and leadership roles.

McDermott International has signed another memorandum of understanding (MOU) with Saudi Aramco to expand and develop the company’s physical and human capital within Saudi Arabia as part of Aramco’s In-Kingdom Total Value Add (IKTVA) initiative. The MOU was signed as part of the first ever Saudi-U.S.

The scale of electric powered vehicles is about to take a giant leap as Hyster Company announces that testing is underway on high capacity lift trucks with electric motors. The company suggests that, in the near future, ports and heavy industry will be able to electrify their Big Truck fleets…

The reported wrecks removal initiative by the Nigerian Maritime Administration and Safety Agency (NIMASA) has received wide commendations from industry player and Stakeholder in the maritime sector, Dr. Chris Asoluka. Speaking in Lagos recently, Dr.

Austal celebrated the christening of Expeditionary Fast Transport ship USNS City of Bismarck (EPF 9) with a ceremony at its state-of-the-art shipyard on May 13. City of Bismarck is the ninth of 12 Expeditionary Fast Transport vessels (EPF) that Austal ...